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supply chain risk

How Baltimore’s Key Bridge collapse will affect supply chains and the economy

The Francis Scott Key Bridge now lies partially submerged in the Patapsco River after a catastrophic cargo ship collision this week. Here’s how the Key Bridge collapse may affect the port’s operation.

Lisa Anderson, Supply Chain Expert Discusses Ripple Effects of the Francis Scott Key Bridge Collapse on Global Supply Chains

Lisa Anderson emphasizes the profound and wide-ranging impacts on global supply chains. The bridge’s destruction not only disrupts local traffic and logistics but also sends shockwaves through international trade routes, highlighting the critical need for robust supply chain resilience strategies.

Inc.: Baltimore’s Business Community Grapples With Impact of Francis Scott Key Bridge Collapse

The Baltimore disaster is expected to further compound the stress already placed on the global freight system. “Container shipping traffic has already been quite disrupted, because of the drought going on in the Panama Canal–ships from there [are] going through the Suez Canal to come to the east coast of the U.S. from Northeast Asia,” says Lisa Anderson.

Supply Chain Shortages Remain a Concern: Strategies for Success

Manufacturers wish they left supply chain shortages behind after the pandemic, but they remain top of mind. Concerns remain. According to KPMG, “71% of global companies highlight raw material costs as their number one supply chain threat for 2023.”

BBC: Why firms are bringing their manufacturing back home

Lisa Anderson, a supply chain expert and president of California-based LMA Consulting Group, says that the Chips Act "has spurred on certainly quite a bit of investment" in the US electric car sector. And Mexico is also booming through 'friend shoring'. ### Why firms are bringing their manufacturing back home [...]

Lisa Anderson, Manufacturing & Supply Chain Expert Releases Supply Chain Profitability Assessment to Drive Customer Performance through Optimization and Efficiency

This cutting-edge tool prompts supply chain professionals, operations executives and senior leaders to introspect and critically assess various facets of their supply chains that affect customer performance, with a focus on flexibility and efficiency.

Why Manufacturing Matters & Will Thrive in the Next Decade

Manufacturing promotes safety and security and mitigates risk. Controlling your supply chain and mitigating geopolitical risk can become paramount overnight as geopolitical events occur, natural disasters emerge, and supply chain challenges arise (strikes, disruptions, shortages).

This is how companies deal with the Red Sea crisis

This is how companies deal with the Red Sea crisis: planes, storage, and closest suppliers.

The Economy, Outlook & Strategies for Success

In the last month, we've participated in at least six economic forecast presentations or discussions with experts (economic, banking, investment, manufacturing). Although they each had nuances, common themes emerged. Adding our expertise into the mix, we see volatility on the horizon. 

Lisa Anderson, Manufacturing & Supply Chain Expert Addresses Increased Supply Chain Volatility Amidst Red Sea Tensions and Global Disruptions

The recent turmoil in the Red Sea, triggered by Houthi drone and missile attacks, has significantly amplified risks in global shipping, particularly affecting the Suez Canal and Red Sea routes.
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